4 Room (4A) HDB for Sale in 813 Jellicoe Road

The valuation of the HDB 4-room unit located in the Central Area is assessed at an estimated value of $825,989, translating to $843 PSF. This valuation is notably positioned above the current market baseline, reflecting a substantial 43.8% premium over comparable properties in the vicinity. Such a significant deviation suggests a robust demand for HDB units within this prime location, underscoring the desirability of the Central Area as a residential enclave.

With a remaining lease of 76 years, this property maintains a favorable tenure that enhances its appeal to potential buyers, particularly those seeking long-term investment opportunities. The model confidence for this valuation is categorized as medium, indicating that while there is a strong correlation with recent market activity, external market dynamics and economic factors could influence future valuation trajectories. The analysis is supported by data from nine recent HDB resale transactions in the area, providing a reliable benchmark for evaluating market performance and trends. This valuation not only reflects current market conditions but also hints at potential growth in property value, driven by the enduring allure of urban living in Singapore's Central Area.